„Eurobonds Are No Solution“

People ♦ Published: December 11, 2012; 01:03 ♦ (Vindobona)

Latvia´s Prime Minister Valdis Dombrovskis argues that euro-bonds may be implemented at the end of the convergence process.

„Eurobonds Are No Solution“ / Picture: © Vindobona.org

Dombrovskis thinks the the introduction of euro-bonds would be too early now. “This does not help us now. We cannot fight the crisis with euro-bonds now. At the end of the integration process this may be conceivable, but not now.”

The Latvian Prime Minister thinks the South European countries should have a look at the Baltic countries. In the economic crisis in 2008/09,…